By John Noonan — Jan 14 - 09:59 PM
EUR/USD opened unchanged at 1.2155 and traded 1.2144/61 in the Asian morning
Heading into the afternoon session it is trading 1.2140/50
Muted reaction to leaked Biden stimulus plan and some profit taking on risk
E-mini futures are down around 0.20% after being up 0.20% earlier
EUR/USD buyers are tipped ahead of 1.2100 with yesterday's low at 1.2111
Support is at the 38.2 of the 1.1602/1.2349 move at 1.2063
Sellers are tipped around 1.2200 with resistance at 21-day MA at 1.2223
Risk is for lower EUR/USD while the 21-day MA contains rallies
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Source:
Refinitiv IFR Research/Market Commentary